2 58% 10:56 AM 1) Without the presence of and an assessment is considered null and void: A. Legal basis and affirmation of taxpayer B. Factual basis and affirmation by the taxpayer C. Legal basis and affirmation by the court of tax appeals D. Legal and Factual basis 2) The two aspects of taxation are: A. Assessment and Collection B. Levying and Collection C. Legal and Factual D. Legislation and Implementation 3) Power of the state that would cause a private property to be subject to involuntary transfer to government for a just compensation, for the purpose of public use: A. Police Power B. Power of Taxation C. Imminent Domain D. Regulatory power 4) The power of the Commissioner of Internal Revenue to summon taxpayer or any other person for the purpose of proper determination of a tax liability, entitles him or duly authorized representative to issue_ for the purpose of presentation/submission of evidentiary proofs to attain the said objective A. Subpoena Ad testificandum B. Subpoena Duces Tecum C. Warrant of Distraint D. Writ of Execution 5) The following are the sound ingredients of sound tax system, which is not included A. Administrative Feasibility B. Economic viability C. Fiscal Adequacy D. Theoretical Justice 6) For taxation purposes, books of account and other pertinent accounting records of a taxpayer are to be kept for a period of A. Three years B. Five years SCIENTIA PATRIA LIBERTAS Since 1923 Page 1